Genuine Parts Company reports that its second quarter results, while pressured by the pandemic, were bouyed by recovering Automotive Group sales volumes in Europe and Australasia. The results were released for the second quarter and six months ended June 30, 2020. For...
The Automotive Industries Association (AIA) of Canada is combining forces with the National Automotive Service Task Force (NASTF), for an informative look at access to repair information in the automotive industry. NASTF is a US-based non-profit organization...
First Brands Group, (formerly TRICO Group) a global automotive parts manufacturer, has acquired Brake Parts Inc., and Champion Laboratories Inc. Brake Parts Inc., manufactures and markets brake products including the full line of Raybestos branded brake parts....
Uni-Select Inc. has reported that sales revenues dropped 33.7% but, with June sales rebounding to 85% year-over-year, still represented better-than-expected financial results for the second quarter ended June 30, 2020. “We are pleased with our second quarter results...
Maintaining its focus on providing customers with complete repair solutions, Cloyes announced the availability of three new timing chain kits, two of which contain chain-driven water pumps and one that contains an idler bracket critical to the timing drive and an...
KYB’s popular consumer rebate promotion, “Feeling is Believing,” will begin August 1st and run through the end of September. The promotion is designed to help hard hit consumers restore their rides back to the vehicle’s original handling and control capabilities,...
APC Automotive Technologies, LLC, together with certain of its subsidiaries, announced that it has successfully implemented the debt restructuring set out in the Restructuring Support Agreement with its asset-based lenders, term loan lenders, and significant equity...
Frost & Sullivan's recent analysis, Strategic Analysis of the Canadian EV Market, predicts that the Canadian electric vehicle (EV) market is likely to experience a possible stagnation in 2020 due to the lack of support from provincial governments. However, federal...
In AIA Canada’s latest guide, National & Provincial Programs, Grants and Incentives: A Guide for Automotive Aftermarket Industry Learners, Workers & Employers contains comprehensive information on regional and federal financial supports and programs...